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Moody's Talks - Inside Economics
Out of the Wilderness with Glenn Hubbard
Jan 10, 2025
Glenn Hubbard, Nonresident Senior Fellow at AEI and former chairman of the President’s Council of Economic Advisers, joins the conversation to discuss various economic dynamics. He analyzes the potential impacts of Trump’s policy proposals on the economy and delves into corporate tax cuts and job growth trends. The discussion also covers discrepancies in job count data and the complexities of the current labor market, including wage growth and the effects of immigration and inflation on different income groups.
55:41
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Quick takeaways
- Glenn Hubbard reflects on his non-linear journey to economics, emphasizing the role of influential figures and the blend of data analysis with human interaction.
- The recent employment report indicates strong job growth, particularly in healthcare and hospitality, while raising concerns about the sustainability of this trend moving forward.
Deep dives
Career Path of Glenn Hubbard
Glenn Hubbard outlines his non-linear journey to becoming an economist, originally starting his education in engineering before discovering a passion for economics in college. Influenced by prominent figures like Alan Greenspan and Marty Feldstein, he realized that economics offered a blend of data analysis and human interaction. This led him to pursue graduate studies at Harvard, where he was inspired to investigate public policy through data. His career has since spanned influential roles in the Treasury Department, White House, and academia, showcasing the dynamic nature of economic analysis in policymaking.
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Discover
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